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2713 Cole Castle Dr, The Colony, TX 75056

4 beds • 4 baths • 3423 sqft

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This property looks like a bad Airbnb investment with a projected -24.37% first-year return on $173k initial cash invested.

-24.37%

Cash On Cash

0.14%

Cap Rate

0.02

DSCR

$2,607

Rent

-$3,515

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,607 income − $6,122 expenses = $3,515 out of pocket

Income$2,607Out of Pocket$3,515Mortgage P&I$3,494134%Property Taxes$1,02539%Insurance$24810%HOA$1044%Management$39115%CapEx$1044%Maintenance$1044%Other$65225%

Investment Breakdown

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Purchase Price

$710k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$142k

Closing costs

1%

$7,100

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$2,607

Total Expenses

$6,122

Mortgage P&I

134%

$3,494

Property Taxes

39%

$1,025

Home Insurance

10%

$248

HOA

4%

$104

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$652

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